VisionFund Uganda partners with Insurtech Turaco to provide affordable and inclusive insurance for its 40,000 Ugandan customers For a monthly UGX 2,500 for individuals and UGX 5,000 for a family of 4, VisionFund customers can claim up to UGX 500,000 in the event of hospital admission for three or more consecutive nights; UGX 2 million to the next of kin in the unfortunate event that the insured passes on and UGX 1 million in the event of a permanent and total loss of the use of a limb, sight, speech or hearing, or mental or cognitive impairment caused by accident or illness.

VisionFund Uganda and Turaco Insurance Brokers Limited (T/A Turaco) are proud to officially announce the launch of their partnership with a microinsurance product called “VisionFund Cares”. The product offering, available to over 40,000 VisionFund customers and their families, is designed to help ease the financial burden associated with hospital admissions, permanent disability and death. The cover is underwritten by ICEA LION Life Assurance Company Uganda Ltd. VisionFund Uganda is a microfinance institution (MFI) and affiliate of World Vision Uganda that started in 1996 as MEDNET and later rebranded in 2012 as VisionFund Uganda. The MFI has grown to a footprint of 21 branches,…